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First Horizon Bank Named Official and Exclusive Bank of the Valspar Championship
Prnewswire· 2025-02-18 22:30
Core Insights - First Horizon Bank has partnered as the Official and Exclusive Bank of the Valspar Championship, a prominent PGA Tour event taking place from March 17 to 23, 2025, at the Copperhead Course in Innisbrook Resort, Florida [1][5] Company Overview - First Horizon Corp. has $82.2 billion in assets as of December 31, 2024, and operates in 12 states across the southern U.S., providing a range of financial services including commercial, private banking, and wealth management [6] Partnership Details - As part of the multiyear partnership, First Horizon will be the Title Sponsor of Executive Women's Day and will donate to a Tampa Bay Area charity each year [2][4] - The partnership emphasizes First Horizon's commitment to community engagement and support for professional sports, aligning with the tournament's charitable goals [3][4] Event Significance - The Valspar Championship is a key event on the PGA Tour, attracting top golfers and fans globally, and is broadcasted in over 220 countries [5]
First Horizon Announces the Retirement of Director Rosa Sugrañes
Prnewswire· 2025-02-14 12:30
Core Points - Rosa Sugrañes has announced her retirement from the Board of Directors of First Horizon Corporation and First Horizon Bank, effective at the end of her current term [1] - Sugrañes has been a director since 2020, following the merger with IBERIABANK Corporation, and previously served on the board of IBERIABANK since 2017 [1] - She was the founder and CEO of Iberia Tiles from 1980 until its sale in 2012 [2] - Bryan Jordan, Chairman and CEO of First Horizon, expressed gratitude for Sugrañes' contributions and guidance during her tenure [3] Company Overview - First Horizon Corporation, with assets totaling $82.2 billion as of December 31, 2024, is a prominent regional financial services company [3] - The company is headquartered in Memphis, TN, and operates First Horizon Bank across 12 states in the southern U.S. [3] - First Horizon offers a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [3] - The company has received recognition as one of the best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [3]
What Makes First Horizon National (FHN) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-02-12 18:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Summary: First Horizon National (FHN) - FHN currently holds a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] - Over the past week, FHN shares increased by 1.87%, outperforming the Zacks Banks - Southwest industry, which rose by 0.73% [5] - In the last month, FHN's shares rose by 7.68%, compared to the industry's 3.58% [5] - Over the past quarter, FHN shares increased by 11.54%, and over the last year, they gained 62.89%, while the S&P 500 only moved 1.46% and 22.28%, respectively [6] - The average 20-day trading volume for FHN is 5,994,191 shares, indicating a bullish sign with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for FHN have been revised upwards, with no downward revisions, increasing the consensus estimate from $1.55 to $1.67 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive momentum indicators and earnings outlook, FHN is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]
First Horizon Corporation to Participate in the Raymond James 46th Annual Institutional Investors Conference
Prnewswire· 2025-02-11 21:15
MEMPHIS, Tenn., Feb. 11, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Chief Financial Officer Hope Dmuchowski will participate in the Raymond James 46th Annual Institutional Investors Conference on March 3, 2025, at 9:15 am ET.A live webcast of the event along with an audio replay will be available via the events and presentations section of the First Horizon Investor Relations website at https://ir.firsthorizon.com/events-and-presentations/default.aspx.The presentation and any ...
FHN vs. CFR: Which Stock Is the Better Value Option?
ZACKS· 2025-02-04 17:40
Investors interested in stocks from the Banks - Southwest sector have probably already heard of First Horizon National (FHN) and Cullen/Frost Bankers (CFR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, ...
First Horizon Announces the Retirement of Director Harry V. Barton, Jr.
Prnewswire· 2025-01-31 12:30
MEMPHIS, Tenn., Jan. 31, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced today the retirement of Harry V. Barton Jr., 70, from the Boards of Directors of First Horizon Corporation and First Horizon Bank, effective at the end of his current term. Barton became a director of First Horizon in 2020 upon the closing of the merger of equals with IBERIABANK, having served as a director of IBERIABANK since 1993.A Louisiana native and resident, Harry V. Barton, Jr. is a certif ...
First Horizon Bank Becomes First Presenting Sponsor of DPAC
Prnewswire· 2025-01-29 16:30
DURHAM, N.C., Jan. 29, 2025 /PRNewswire/ -- DPAC (Durham Performing Arts Center) and First Horizon Bank (NYSE: FHN) have announced an exciting new partnership, marking a significant milestone for both organizations. Under this multiyear sponsorship agreement, First Horizon Bank will become the first-ever Presenting Sponsor of DPAC, a theater that has been annually ranked among the top five performing arts centers in the nation for more than a decade. DPAC is celebrated for presenting some of the biggest sho ...
3 Momentum Anomaly Stocks to Buy as Markets Falter on AI Concerns
ZACKS· 2025-01-28 14:16
The broader U.S. equity markets witnessed intense volatility over the past couple of trading days, hitting record highs on one hand and plummeting sharply on the other owing to concerns about an AI (artificial intelligence) stock bubble. While President Trump’s advocacy for lower interest rates and lower oil prices buoyed investor sentiments, the stock market was propelled by positive vibes about potential tax cuts and deregulation by the change of regime and signs of resilient economic growth.However, appr ...
First Horizon Names Jeffrey J. Brown, President of Hendrick Automotive Group, to its Board of Directors
Prnewswire· 2025-01-28 12:30
MEMPHIS, Tenn., Jan. 28, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced the election of Jeffrey J. Brown ("JB"), 52, to the First Horizon Corporation Board of Directors and First Horizon Bank Board of Directors. Brown is President of Hendrick Automotive Group, LLC, responsible for the auto operations of the largest privately held automotive group in the United States, headquartered in Charlotte, North Carolina. He retired as Chief Executive Officer of Ally Fina ...
First Horizon CEO Bryan Jordan Named to Memphis Business Journal's 2025 Power 100 List
Prnewswire· 2025-01-23 21:05
MEMPHIS, Tenn., Jan. 23, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) is proud to celebrate Chairman, President and Chief Executive Officer Bryan Jordan on his inclusion in the Memphis Business Journal's prestigious 2025 Power 100 list. This annual list highlights the most influential leaders shaping the business and economic landscape of Memphis and the Mid-South. "Bryan's recognition is a testament to his unwavering commitment to support our associates and clients and better the communities ...